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Let C(X) = 2x + 750 and R(x) = 26x. (a) Write the proﬁt function P(X). P(X) = (b) What is the slope m of the proﬁt function?

July 31, 2019/in Questions Uploads /by admin

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l > Let C(X) = 2x + 750 and R(x) = 26x.
(a) Write the proﬁt function P(X). P(X) = (b) What is the slope m of the proﬁt function?
m : (c) What is the marginal profit W?
MP = (d) Interpret the marginal profit.
0 Each additional unit sold increases the profit by this much. 0 Each additional unit sold decreases the profit by this much.
0 This is the smallest number of uniis that can be sold in order to make a proﬁt. 0 The profit is maximized when this many units are sold. Need Help? _ A jewelry maker incurs costs for a necklace according to
(700 : 25X + 1650. If the revenue function for the necklaces is
R(x) : 75x how many necklaces must be sold to break even? |:| necklaces
Need Help? _ __